US Congress is urged to approve aid and 'put a smile on a child's face'
Cash-for-poor plea by new World Bank head
Thursday 12 October 1995
Related articles
James Wolfensohn (pictured above at the annual meeting of the IMF-World Bank) said earlier this week: ''Money saved now for domestic purposes will lead to huge costs later. It is in the donor's own self-interest to maintain an adequate level of support."
But he also wanted to create a "results culture", he said. "We must focus on our clients and results and break the armlock that, I sense, bureaucracy has placed on this institution. If we do that then we will create a more profound change than any structural reorganisation," he said.
Mr Wolfensohn went on: "I have learned that the real test of development can be measured not by the bureaucratic approval process but by the smile on a child's face when a project is successful."
Photograph: Charles Tasnadi/AP
-
Have shock jocks gone too far?
-
Former Google exec says he has 100,000 emails showing how 'immoral' company avoids paying UK tax
-
Notes from a small island: Is Sealand an independent 'micronation' or an illegal fortress?
-
British man confesses to slitting two children's throats in Lyon flat
-
'Swivel-gate': David Cameron goes to war with the press over 'swivel-eyed loons' slur
- 1 Asteroid nine times the size of the QE2 liner to sail pass Earth
- 2 Notes from a small island: Is Sealand an independent 'micronation' or an illegal fortress?
- 3 British business: We need to stay in the EU - or risk losing up to £92bn a year
- 4 You thought Ryanair's attendants had it bad? Wait 'til you hear about their pilots
- 5 It’s official: thanks to Stephen Hawking's Israel boycott, anti-Semitism is no more
Get your summer started with British Military Fitness
BMF is the UK’s biggest and best loved outdoor fitness classes
Visit York
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
iJobs Money & Business
Fidessa Analyst / PM - Banking - London - £600pd
£550 - £600 per day: Orgtel: Fidessa Analyst / PM - Banking - London - Up to £...
Sourcing Manager - Banking - London - £500pd
£450 - £500 per day: Orgtel: Sourcing Manager - Banking - London - Up to £500p...
School Finance Assistant (part-time, term-time only)
To be discussed at interview.: Queen Elizabeth's School: An experienced and ef...
Java Developer - Munich OR Milian
£294.05 - £330.92 per day + 150 per day travel and accommodation: Orgtel: A le...
Day In a Page
The price of pacifism
Jason Isaacs: Groupies, theatre bores and James Bond
Sealand: 'Micronation' or illegal fortress?
Legend of James Hunt has set Hollywood hearts racing
Macklemore: 'I don't have moderation'



Comments